Subscribe for free stock alerts!

Friday, March 23, 2012

Healthcare Stocks Trading Actively For The Day (JNJ) (PFE) (ABT) (MRK) (LH)

Johnson & Johnson (NYSE: JNJ): traded higher by 0.16% or $0.101/share to $64.56. In the past year, the shares have traded as low as $58.65 and as high as $68.05. On average, 9546190 shares of JNJ exchange hands on a given day and today's volume is recorded at 5020241. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $64.93 represents resistance and the 200-day moving average of $64.39 would be an area of support.

Pfizer Inc. (NYSE: PFE): traded higher by 0.69% or $0.15/share to $21.88. In the past year, the shares have traded as low as $16.63 and as high as $22.17. On average, 37549200 shares of PFE exchange hands on a given day and today's volume is recorded at 11826283. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $21.39 area where the stock will likely see buying pressure.

Abbott Laboratories (NYSE: ABT): traded higher by 0.54% or $0.325/share to $60.44. In the past year, the shares have traded as low as $46.29 and as high as $60.56. On average, 7078230 shares of ABT exchange hands on a given day and today's volume is recorded at 3785425. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $57.02 area where the stock will likely see buying pressure.

Merck & Co., Inc. (NYSE: MRK): traded higher by 0.92% or $0.345/share to $37.94. In the past year, the shares have traded as low as $29.47 and as high as $39.43. On average, 14085100 shares of MRK exchange hands on a given day and today's volume is recorded at 5845687. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $38.08 represents resistance and the 200-day moving average of $35.74 would be an area of support.

Laboratory Corp. of (NYSE: LH): fell by 0.92% or $-0.83/share to $89.25. In the past year, the shares have traded as low as $74.57 and as high as $100.94. On average, 784310 shares of LH exchange hands on a given day and today's volume is recorded at 1815868. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $89.79 represents resistance and the 200-day moving average of $85.27 would be an area of support.